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Gold prices have dropped 20% since their highest point during the Iran War: Which ETF could bounce back best?

OpinionRead the original at Benzinga
Neutral

The article says GLD holds physical gold and is useful for active trading. Gold's fall is set against a possible rebound, so the story does not show a lasting change for GLD.

GLD · SPDR Gold Shares

AI read · Neutral

The AI's read

A lower chance of rate hikes and falling Treasury yields could make gold more appealing because it pays no interest. But gold has already fallen more than 20%, and a rebound is only a possibility. The article reports no new change to GLD beyond its gold holdings, fee, and ease of trading.

IAU · iShares Gold Trust

AI read · Neutral

The connection

The article says IAU holds physical gold and charges 0.25%. Gold's fall is set against a possible rebound, so the story does not show a lasting change for IAU.

GLDM · SPDR Gold MiniShares Trust

AI read · Neutral

The connection

The article says GLDM holds physical gold and charges 0.10%. Gold's fall is set against a possible rebound, so the story does not show a lasting change for GLDM.

GDX · VanEck Gold Miners ETF

AI read · Neutral

The connection

GDX could gain more than gold if prices rise, but the article also cites business and cost risks. Gold has fallen, and any recovery remains a possibility, so the story does not show a lasting change for GDX.

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